Stagwell (NASDAQ:STGW) Stock Rating Raised to “Strong-Buy” at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Stagwell (NASDAQ:STGW) to a strong-buy rating in a report released on Monday,Zacks reports.

A number of other equities analysts have also weighed in on the company. B. Riley Financial boosted their price objective on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wall Street Zen downgraded Stagwell from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Weiss Ratings upgraded Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Needham & Company LLC boosted their price target on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Wells Fargo & Company upped their price objective on shares of Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Stagwell currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.17.

Stagwell Stock Performance

NASDAQ:STGW opened at $8.53 on Monday. The company’s 50-day moving average price is $8.65 and its 200-day moving average price is $7.43. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.11. The company has a market cap of $2.09 billion, a P/E ratio of 142.17 and a beta of 1.30. Stagwell has a twelve month low of $4.28 and a twelve month high of $9.55.

Stagwell (NASDAQ:STGW) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.06. The company had revenue of $786.31 million during the quarter, compared to analysts’ expectations of $754.56 million. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. Stagwell’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. On average, sell-side analysts forecast that Stagwell will post 0.92 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Frank Lanuto sold 62,000 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the sale, the insider directly owned 491,977 shares in the company, valued at approximately $4,162,125.42. The trade was a 11.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.20% of the company’s stock.

Institutional Investors Weigh In On Stagwell

Institutional investors and hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC acquired a new stake in Stagwell in the 2nd quarter valued at approximately $52,000. Tidal Investments LLC acquired a new position in Stagwell during the second quarter worth $117,000. Headlands Technologies LLC purchased a new position in shares of Stagwell during the second quarter worth $141,000. Pictet Asset Management Holding SA grew its stake in shares of Stagwell by 34.7% in the first quarter. Pictet Asset Management Holding SA now owns 20,014 shares of the company’s stock valued at $126,000 after buying an additional 5,155 shares in the last quarter. Finally, Corient Private Wealth LP purchased a new stake in shares of Stagwell in the 2nd quarter valued at $238,000. 35.61% of the stock is owned by hedge funds and other institutional investors.

Stagwell Company Profile

Stagwell Inc (NASDAQ: STGW) is a global marketing and communications network that provides services to businesses, government organizations and other institutions. The company combines creative, media, digital transformation, public relations, strategic consulting, consumer insights and data-driven marketing capabilities through a network of specialized agencies.

Its services include brand strategy and development, advertising, media planning and buying, public affairs, corporate communications, public relations, social media, technology consulting, website and product design, customer experience and analytics.